The global financial crisis and the future of international standard setting: lessons from the Basel Committee

Presentation by Mr William Coen, Secretary General of the Basel Committee, to students at Harvard Law School, on "The global financial crisis and the future of international standard setting: lessons from the Basel Committee", Cambridge, United States, 12 December 2016.

The Basel Committee on Banking Supervision sets global minimum standards for the regulation of banks and provides a forum for cooperation on banking supervisory matters. Its mandate is to strengthen the regulation, supervision and practices of banks worldwide with the goal of improving financial stability. Basel Committee standards and guidelines are developed and issued by its members, who represent 28 jurisdictions. They are implemented by national authorities.